NOT LISTED FOR SALE

501 Prescott Ln Unit 3 Gurnee, IL 60031

Estimated Value: $605,000 - $662,000

4 Beds
4 Baths
4,114 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $460,000 $112 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,812/month

14 Days on Market

Highlights

  • Landscaped Professionally
  • Recreation Room
  • Vaulted Ceiling
  • Woodland Elementary School Rated A-
  • Wooded Lot
  • Traditional Architecture

About This Home

As of August 2015

Gorgeous MAPLE model home in Timberwoods. Sun-filled, open flr plan, meticulously cared for! Perfection at its finest. Hdwd flrs, cherry cabs/marble backsplash.2 story FR/frplc/1st fl ofc & den. 2nd flr work station loft. Mstr suite/private luxury bth. Finished LL/Rec rm/kit bar area/game/exc/craft rm & full bth. Park-like backyard/gorgeous paver patio. Outside sprinkler system/security system. Out lot next door.

Last Agent to Sell the Property

Janet Knight-Carey

Berkshire Hathaway HomeServices Chicago License #475130220 Listed on: 06/18/2015

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

James Tiernan

Keller Williams North Shore West License #475126147

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,761

Year Built

  • 2000

Lot Details

  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $15 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Dining Area
  • Den
  • Recreation Room
  • Play Room
  • Sewing Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,761

Year Built

2000

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2000
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 14
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs, Gas Starter
  • Attic: Full
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 17X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Closet
  • Additional Rooms: Den, Eating Area, Exercise Room, Play Room, Recreation Room, Sewing Room
  • Master Bedroom: Dimensions: 21X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 17X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Den, Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 25X17, On Level: Lower, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Playroom, Dimensions: 18X16, On Level: Lower, Flooring: Carpet
  • Bedroom 4: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Exercise Rm, Dimensions: 13X11, On Level: Lower, Flooring: Carpet
  • Additional Room 6 Name: Sewing, Dimensions: 20X09, On Level: Lower, Flooring: Vinyl
  • Estimated Sq Ft: 4114
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 21X17, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Brick Paver Patio
  • Acreage: 0.2961

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 185

Schools

  • School District: 121
  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • Middle School: WOODLAND MIDDLE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 136X112X67X141
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 07192090260000

Tax Info

  • Taxes: 12296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Aug 11, 2015
Sold by
Svihra Suzanne and Svihra Edward J
Bought by
Wollitzer Michael
Seller's Agent
Janet Knight-Carey
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
James Tiernan
Keller Williams North Shore West
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%
Current Estimated Value
$630,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,839
Avg. Annual Appreciation
3.43%
Original Mortgage
$340,000
Outstanding Balance
$138,200
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$504,035

Purchase Details

Closed on
May 1, 2001
Sold by
Drh Cambridge Homes Inc
Bought by
Svihra Edward J and Svihra Suzanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wollitzer Michael $460,000 Fort Dearborn Title
Svihra Edward J $447,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wollitzer Michael $340,000
Previous Owner Svihra Edward J $146,000
Previous Owner Svihra Edward J $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $460,000 -4.0% $112 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $479,000 -- $116 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,761 $181,369 $29,775 $151,594
2023 $15,761 $168,387 $27,644 $140,743
2022 $14,683 $156,640 $27,652 $128,988
2021 $13,280 $150,356 $26,543 $123,813
2020 $12,857 $146,661 $25,891 $120,770
2019 $12,494 $142,403 $25,139 $117,264
2018 $13,764 $158,104 $29,530 $128,574
2017 $13,622 $153,574 $28,684 $124,890
2016 $13,528 $146,736 $27,407 $119,329
2015 $12,318 $130,347 $25,993 $104,354
2014 $11,935 $127,364 $25,660 $101,704
2012 $11,303 $128,340 $25,857 $102,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08958047

Midwest Real Estate Data (MRED)

APN: 07-19-209-026